First Trust California Municipal High Income ETF (NASDAQ:FCAL) Announces Monthly Dividend of $0.14

First Trust California Municipal High Income ETF (NASDAQ:FCAL) announced a monthly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be given a dividend of 0.143 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust California Municipal High Income ETF Stock Down 0.1%

Shares of First Trust California Municipal High Income ETF stock traded down $0.07 on Thursday, hitting $49.58. The stock had a trading volume of 20,387 shares, compared to its average volume of 20,952. First Trust California Municipal High Income ETF has a one year low of $47.35 and a one year high of $50.13. The stock’s 50-day simple moving average is $49.38 and its two-hundred day simple moving average is $49.42. The stock has a market cap of $210.72 million, a price-to-earnings ratio of 130.47 and a beta of 0.26.

Institutional Investors Weigh In On First Trust California Municipal High Income ETF

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its stake in shares of First Trust California Municipal High Income ETF by 2.4% during the first quarter. Royal Bank of Canada now owns 130,218 shares of the financial services provider’s stock valued at $6,321,000 after acquiring an additional 3,039 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of First Trust California Municipal High Income ETF in the second quarter worth about $467,000. Raymond James Financial Inc. purchased a new position in First Trust California Municipal High Income ETF during the 2nd quarter valued at about $570,000. Jane Street Group LLC increased its holdings in First Trust California Municipal High Income ETF by 171.0% during the 2nd quarter. Jane Street Group LLC now owns 88,954 shares of the financial services provider’s stock valued at $4,267,000 after purchasing an additional 56,132 shares during the period. Finally, CLG LLC raised its position in First Trust California Municipal High Income ETF by 62.8% during the 2nd quarter. CLG LLC now owns 7,080 shares of the financial services provider’s stock valued at $340,000 after purchasing an additional 2,732 shares during the last quarter. Institutional investors own 54.39% of the company’s stock.

First Trust California Municipal High Income ETF Company Profile

First California Financial Group, Inc is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. The Bank’s operations are primarily located within the areas commonly known as the 101 corridor stretching from the City of Ventura to Calabasas, California, the Moorpark-Simi Valley corridor, the western San Fernando Valley, the Tri-Cities area of Glendale-Burbank-Pasadena, the South Bay, the Inland Empire, north San Diego County, Century City and other parts of Los Angeles, Orange San Luis Obispo and Ventura Counties in Southern California.